Monday 17, April 2017 by Nabilah Annuar

Dar Al-Arkan Sukuk Company lists $500 million Sukuk on Nasdaq Dubai

Trading begin 17 April 2017.

Nasdaq Dubai in a statement on its website has advised that Dar Al-Arkan Sukuk Company’s securities has been admitted to trading on the Nasdaq Dubai Market effective 17 April 2017, under the security name: Dar Al Arkan Sukuk Co 6.875% 10 Apr 2022

The security is a $500 million Sukuk with a coupon rate of 6.87 per cent, maturing on 10 April 2022. The papers carry semi-annual periodic distribution dates, on 10 April and 10 October. The ISIN code for Dar Al-Arkan’s Sukuk is XS1597014767.

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